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New Markets 2 ERDF: Growth Platform

Growth Platform ERDF and Northern Powerhouse Logos

The Liverpool City Region New Markets 2 Programme is receiving up to £14,618,107 of funding from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020.

Would your business benefit from a 35% grant towards the cost of consultancy or agency fees?

New Markets 2 is a successful support programme which allows local businesses to access a grant towards the cost of consultancy or agency fees, to help your business grow.

To date this programme has supported over 280 businesses in Liverpool City Region with a 35% grant towards a variety of different projects from financial planning to website development.

For free impartial support on how to apply for funding get in touch with our commercial brokers.

Apply for funding

New Markets 2 ERDF Programme Projects Supported

 

  • Financial Planning Support

  • Legal Advice

  • ISO Accreditation Guidance

  • Internal Systems Development

  • Website Re-design / Development

  • HR Support

  • Coaching

  • Content Production

  • Marketing and PR Support

We have answered key questions below:

New Markets 2 was created specifically to help small and medium sized enterprises (SMEs) in Liverpool City Region with their growth plans.

Funded by the European Regional Development Fund (ERDF), eligible SMEs can access a grant from Growth Platform of 35%* of the cost of cost of consultancy or agency fees, costing a minimum of £3,000 (excluding VAT).

* please note 35% grant is claimed back after successful completion of agreed programme of support.

  • Any small and medium sized enterprise (SMEs) in Liverpool City Region.
  • SMEs with less than 250 employees and an annual turnover of less than £45.1m or a balance sheet of less than £38.8m.

There are some exceptions to this, if you are part of a larger group for example, but this will be assessed as part of your application. Eligible businesses can only access support from the programme once.

The grant aims to help your business grow by accessing commercial advice in a broad range of projects (disciplines) including (but not limited to):

  • Financial Advice – Investment readiness, Business Planning, Corporate Finance
  • Applied R&D
  • Legal Advice – Employment, Contracts, IP
  • Product/Service Development & Diversification
  • Sales & Marketing
  • Developing Quality Management Systems
  • Supply Chain Development
  • Interim Sales and Finance Management
  • Export Development

You must not have committed to start working with a particular supplier.

Exclusions from Growth Platform’s New Markets 2 ERDF grant:

  • cannot fund statutory requirements
  • cannot fund capital expenditure
  • cannot fund training, but can fund coaching (If you are looking for training support, you can contact the Skills Brokerage Service)
  • Application – Completing a form and providing evidence, if necessary, to confirm eligibility.
  • Procurement – Templates are provided to enable you to state and advertise your required service here, receive quotes (minimum of 3) and score suppliers.
  • Confirmation of Funding – Upon receipt of procurement documentation, Growth Platform will issue a Grant Funding Agreement (GFA).
  • Work with your supplier – When you have received the GFA you can instruct your chosen supplier to begin the work.
  • Claim – when the work is completed to your satisfaction and you have made the final payment to your supplier, the claim for grant funding can be submitted. (Grants are paid quarterly – March, June, September and December.)

Growth Platform’s New Markets 2 commercial brokers offer impartial advice and are here to help you through each step of this process.

Each business can only access the New Markets 2 once.

Apply for funding

The first step for businesses interested in accessing the funding is to complete the below application form. Our commercial brokers Lisa and Paul, are also here to help you with this  and to support you throughout the rest of the New Markets 2 programme and funding process.

Please download and complete all sections of the above application form in full and return to newmarkets@growthplatform.org

If you would like to discuss support to grow your business, simply contact one of our Commercial Brokers: Lisa Ashby-Dowling or Paul Radcliffe

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Meet the team

Lisa Ashby-Dowling, Commercial Broker, Growth Platform

Lisa Ashby-Dowling

Commercial Broker, Growth Platform

Paul Radcliffe, Commercial Broker, Growth Platform

Paul Radcliffe

Commercial Broker, Growth Platform

New Markets 2 Privacy Notice

The Liverpool City Region New Markets 2 Programme is receiving up to £14,618,107 of funding from the England European Regional Development Fund as part of the European Structural and Investment Funds Growth Programme 2014-2020. The Department of Levelling up Housing and Communities (and in London the intermediate body Greater London Authority) is the Managing Authority for European Regional Development Fund. Established by the European Union, the European Regional Development Fund helps local areas stimulate their economic development by investing in projects which will support innovation, businesses, create jobs and local community regenerations. For more information visit https://www.gov.uk/european-growth-funding